OpenAI looking to raise more money which could push its valuation to $830 billion. Mackenzie Seagalos here with more behind that big number. Mac, >> hey Scott.So OpenAI's valuation getting marked higher across back-to-back reports. Roughly an $80 billion spread over 24 hours. The journal now says OpenAI's next round could raise as much as hundred billion at an $830 billion valuation.That would be good for cap table names like SoftBank, which recently liquidated its entire Nvidia stake, to go allin on OpenAI ...

IS ON PACE FOR ITS FOURTH STRAIGHT ANNUAL DECLINE. BUT OUR NEXT GUEST IS BULLISH AND SAYING JUST BUY IT. NIKE IS ACTUALLY AMONG HIS BEST IDEAS FOR 2026.JOINING US NOW IS SIMEON SIEGEL, CONSUMER EQUITY RESEARCH ANALYST AT GUGGENHEIM SECURITIES. GREAT TO SEE YOU. GOOD TO SEE YOU GUYS. >> GOOD TO BE BACK.>> THE MARKET IS NOT REALLY TRUSTING THE TURNAROUND STORY HERE. WHAT IS THE MARKET REACTING TO IN THE MOMENT. AND I GUESS IN YOUR MIND WHAT IS IT MISSING.>> YEAH. SO IT'S AN INTERESTING OPPORTUNITY TO COME BAC ...

INDUSTRY, WITH THE AMERICAN GAMING ASSOCIATION ISSUING AN ULTIMATUM. IF YOU OFFER PREDICTION MARKETS, YOU GOT TO LEAVE. FANDUEL, DRAFTKINGS AND FANATICS DID.TODAY, WE CAN EXCLUSIVELY REPORT THE AIGA IS BRINGING IN FORMER NEW JERSEY GOVERNOR CHRIS CHRISTIE AS A STRATEGIC ADVISOR TO SPEARHEAD ITS FIGHT AGAINST PREDICTION MARKETS. GOVERNOR CHRISTIE JOINS US NOW. IT'S GOOD TO HAVE YOU.I KNOW YOU'VE HAD A LOT OF EXPERIENCE AROUND THESE FIGHTS, AROUND GAMBLING. YOU PUSHED FOR THE SUPREME COURT TO OVERTURN PASPA, ...

Today, Bitcoin wrestles the $88,000 mark. The Senate confirms President Trump's pick to lead the CFTC. And Andrew Fearman of Chain Analysis breaks down the surge in North Korean crypto hacks in 2025.Welcome to CBC's Crypto World. I'm Brandon Gomez. Crypto prices mixed this morning as we head into the weekend.[music] As of noon Eastern, Bitcoin was little changed from 24 hours before. Ether rose nearly 1% to 2966 [music] and XRP fell around 1%. Now for the week, crypto markets broadly underperformed large ca ...

The punishments need to be draconian. Players who violate them need to be separated from the sport. Here's why it's critically important.It gambling and the thought that players will either shave performance or give inside information to gamblers to allow them to to cheat is the existential threat to professional sport. Because every time these incidents happen and for prop betting, you have a player giving inside information to a gambler that he's going to hold himself out of the game or not perform as wel ...

Let's check in on the bond markets now. While the US is cutting rates, the Bank of Japan raised interest rates to 30-year highs. And that has yields on the move globally, pushing its 10 and 30-year to multi-deade highs, as you can see there.Rick Santelli is tracking all the action in the bond report. Rick, what can you tell us. >> Absolutely.And we'll get to the foreign global interest rates in a second, but you know, this morning, University of Michigan sentiment, it was definitely weak. current uh situati ...

Joining us now on set to give his take and provide some value stock picks is Chris Crosanti. He is chief market strategist at MAI Capital Management. Chris, good to see you.>> You too, Mike. >> Um, you know, so there's been a glimmer of of life uh from value stocks. They've actually outperformed this month, right.>> Actually, quarter to date. I think S&P value is winning. >> On the other hand, we've seen these head head fakes before.How are you just thinking about the overall market behavior, what it means ...

Food Price Trends - The analysis suggests food prices will not remain as high as in 2025 due to the anticipated easing of certain commodity prices and tariff dynamics [1][2][3] - Companies like General Mills and PepsiCo are already lowering prices, raising the question of whether these price reductions will be sustainable [5] - The unwinding of COVID-era inflation is contributing to savings for consumers on grocery items [6] Consumer Behavior & Economic Impact - The report highlights a "K-shaped" economy, emphasizing the impact of pricing on low-income consumers' consumption of daily use consumer staples [7][8] - High-income consumers' consumption of daily use categories is less sensitive to economic conditions compared to low-income consumers [8] - Volume drag from low-income consumers will be a key indicator in 2026 [8][9] Top Picks & Investment Opportunities - Top picks for the next year include Coke, Monster, and Vitita Cocoa (coconut water) [9] - Vitita Cocoa benefits from structural growth as a workout and recovery drink, and from tariff exemptions [9][10] Company Performance - Lamb Weston's margin improvement and outlook, particularly in international markets, have been disappointing [12] - Lamb Weston's sales were in line with expectations, but margin improvement was the key issue [12][13]

Thank you, Kelly and Jason. Thank you for joining us today. First off, set the expectation for investors.How meaningful will this be for DraftKings bottom line. >> Well, I think at least initially we don't know. It's a new product and um I do think that it will eventually be meaningful for the bottom line, but right now it just launched.So, uh it's first day and we're getting some data, so hard to to say what exactly it will do. >> All right, we'll come back to you at the end of the day. No, I'm just kiddin ...

Well, joining us a CNBC contributor and KKM financial founder Jeff Kilberg. Jeff, it's great to have you here, but before I even get in, we're going to start with Nike, but what does it tell you that we're seeing kind of these huge moves across the landscape. Um, I don't know.It feels almost like a more uncertain environment and yet consumer discretionary is outperforming. Maybe the economy is hanging in pretty well, unless you're Nike, as you can see on the screen there. But what do you make of it all.>> W ...